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JB/001/082/001

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May 1800
1 Annuity Notes
Ch. 5. Effects
Period III

1
The paper of the
2d issue would be at the
opening be seized with avidity
by the Flying
Annuitants of
discharged out of
the first issue

By the rise of Stock Annuities to par, Note
Annuities being rendered equally suitable to the purpose
of the customers for permanent income, at the same
time that, by the continued course accumulating mass <add>torrent of redemption of redemption money
Government Annuities of both sorts will be growing
scarcer and scarcer every day, whereby that portion
of the mass of Annuity Note paper which at the
opening of the issue was in circulation in the fund.
of the Flying Annuitants will by degrees be stopped
and impounded and taken out of the circulation by
the Hoarding Annuitants, on the opening of the
2d issue the influx of customers for paper of this
2d issue will be as strong as was the influx of
customers for the paper of the first issue.

2
— out of whose
hands it would be
gradually taken kept up
by the Hoarding
Annuitants of the
2d issue

The time during which the paper of the
2d issue maintains itself in circulation will be
inversely as the eagerness of the Annuitants expelled discharged
Annuitants of the first issue to reinvest their money
in Annuities of the 2d issue. Should the same If as much money
whole of the money drawn out of the first
issue should return for paper of the 2d issue left in
the circulation.

No more would there if the decrease in
the money of the first issue reinvested in the
2d issue amounted to no more than the growing
mass discharged from time to time by the operation of the Sinking Funds.




Identifier: | JB/001/082/001
"JB/" can not be assigned to a declared number type with value 1.

Date_1

1800-05

Marginal Summary Numbering

1-2

Box

001

Main Headings

annuity notes

Folio number

082

Info in main headings field

Image

001

Titles

Category

text sheet

Number of Pages

1

Recto/Verso

recto

Page Numbering

e1 / f4

Penner

jeremy bentham

Watermarks

<…>m 1798

Marginals

jeremy bentham

Paper Producer

frances wright

Corrections

Paper Produced in Year

1798

Notes public

ID Number

82

Box Contents

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